Anti-money laundering rules are a complex labyrinth that may not achieve very much, but for Sharesies, falling foul of them has been poorly timed as it launches into Australia.
Capital raising should never be a scramble, to be completed within an arbitrary timeframe.
The global picture of how covid-19 continues to play havoc with international supply chains shows the pandemic's impact is far from over.
A fortnight ago, the government released a roadmap out of covid-19. Contrary to the claims of some critics, this lockdown was clearly marked on that map and we are still on track.